
Golden Shield ICICI Lombard General Insurance Co Ltd
With age, health needs change, and accordingly, medical expenses also increase. It is common to be more dependent on healthcare services in the golden years, after the age of 60. One way to manage these expenses without compromising your healthcare needs is to have a health insurance plan. ICICI Lombard offers senior citizen health insurance plans that can cater to your healthcare expenses. The Golden Shield policy by ICICI Lombard is one such option.
ICICI Lombard Golden Shield Policy is an affordable health insurance for senior citizens. The policy offers a high sum insured that also restores upon exhaustion. In this guide, we will discuss the details of Golden Shield. So, read on to learn more.
Highlights of Golden Shield by ICICI Lombard Health Insurance
ICICI Lombard Golden Shield Policy: Highlights
Particulars |
Details |
---|---|
Policy Name |
Golden Shield Policy
|
Insurance Company |
ICICI Lombard General Insurance Co. Ltd.
|
Sum Insured Options |
₹3 lakhs to ₹50 lakhs
|
Add-Ons |
|
Entry Age |
60 years and above (no cap on maximum entry age limit)
|
Waiting period |
|
Network hospital |
10,300+
|
Best suited for |
Senior citizens
|
Wish to Enhance Your Coverage? Take a look at the Riders Available with the ICICI Lombard Golden Shield Policy
Add-on Covers |
Details |
---|---|
Claim Protector |
This add-on provides coverage for non-payable items during medical treatments
|
Modification of base co-payment |
With this add-on, you can decrease the co-payment by 50% to 40,30 or 20%
|
Voluntary Deductible |
With a voluntary deductible add-on, the insured has to pay 20% of the sum insured before the insurer pays. This is applicable once a policy year and once per person
|
Care Management Program |
Get several coverages with this add-on, like teleconsultations, care calls, e-counselling, medical vault, second opinions, etc.
|
Care management plus program |
This add-on offers coverages like routine diagnostics and minor procedure coverage, nursing at home coverage, pharmacy coverage, etc.
|
Features and Benefits of the ICICI Lombard Golden Shield Policy
ICICI Lombard Golden Shield Policy has multiple benefits and serves several healthcare purposes. Here are some of the highlighted features and benefits of the policy:
ICICI Lombard Golden Shield Policy: Eligibility Criteria
Understanding the eligibility criteria of the policy is crucial before you plan to purchase it. The eligibility criteria for the ICICI Lombard Golden Shield Policy are:
ICICI Lombard Golden Shield Policy: What is Covered?
The inclusion of the policy must be understood to maximise the use of the policy. The coverages of the ICICI Lombard Golden Shield Policy are:
ICICI Lombard Golden Shield Policy: What is Not Covered?
Not everything is covered under a health insurance plan. Some conditions remain uncovered. In the case of the Aditya Birla Activ Assure Diamond plan, the exclusions are:
Pros & Cons of Golden Shield by ICICI Lombard
Our Verdict on ICICI Lombard Golden Shield Policy?

ICICI Lombard
Insurance Company
ICICI Lombard Health Insurance Company Ltd is a leading private general insurance company that offers a range of comprehensive and well-diversified products through multiple channels of distribution. This customer-centric company has a legacy of over 2 decades and is committed to its loyal customers. ICICI Lombard has over 312 branches with over 13,670 employees as of March 31, 2024. The insurer has issued over 36.2 million policies, honored over 2.9 million claims, and has a Gross Written Premium (GWP) of ₹255.94 billion for the year ended March 31, 2024.

Claims Experience
Benefits of Golden Shield by ICICI Lombard
In-patient Hospitalization | |
ICU Rent Limit |
Covered |
Room Rent Limit |
Twin sharing (for SI below INR 10 Lacs) Single AC room (for SI above INR 10 Lacs) |
Pre & Post Hospitalization | |
Post-hospitalization expenses are covered |
as mentioned in the policy document of the plan |
Post-hospitalization expenses are covered for up to |
180 days after the date of discharge from the hospital |
Pre-hospitalization expenses covered |
as per the policy document of the plan |
Pre-hospitalization expenses are covered up to |
60 days before hospitalization |
Day Care Treatment | |
No. of treatments covered |
150+ Daycare treatments covered |

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Some of the most popular insurance products offered by ICICI Lombard General Insurance are:
- Travel Insurance
- Bike Insurance
- Motor Insurance
- Home Insurance
- Health Insurance
- Business Insurance
The plan is designed to cover a wide array of treatment costs, such as:
- Maternity benefit
- Pre- and post-hospitalisation expenses
- Emergency services
- Outpatient treatment
- Day care procedures
- Donor expenses
Generally, expenses related to hospitalisation due to pregnancy-related complications, infertility, or abortions are excluded from coverage under the plan.
No, every insurer has a specific claim settlement ratio and it would not settle more than that. For instance, if the insurer has a 95% CSR, it means that it pays out 95 out of 100 claims received.
Yes, you are free to buy multiple health insurance policies from different insurers. This would ensure you wider coverage and also a variety of benefits.
Yes. You have several add-on options with the CICI Lombard Golden Shield Policy that you may purchase to enhance the coverage of your policy.
Yes, the policy has an initial waiting period. It is for 30 days. Additionally, it has a 24-month waiting period for specific diseases and a 36-month waiting period for pre-existing conditions.
The ICICI Lombard Golden Shield Policy is best suited for senior citizens. The policy is designed for senior members, enabling them to access high-quality healthcare services.